Fichtner, Jan; Jaspert, Robin; Petry, Johannes - 2023
either to only mitigate risk (input ESG) or to go beyond that to create impact (output ESG). We argue that the governance by …. These mechanisms can create sustainability impact or constitute 'ESG gaps', if they remain ineffective or unutilised. Based … have an impact, most currently do not meaningfully facilitate sustainability - we call this the 'ESG capital allocation gap …